News
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Apogee Therapeutics Announces Positive Interim Results From Phase 1B Trial Of Apg808
May 12 (Reuters) - Apogee Therapeutics Inc APGE.O:APOGEE THERAPEUTICS ANNOUNCES POSITIVE INTERIM RESULTS FROM THE PHASE 1B TRIAL OF APG808, ITS NOVEL HALF-LIFE EXTENDED IL-4RΑ ANTIBODY, IN PATIENTS WITH MILD-TO-MODERATE ASTHMAAPOGEE THERAPEUTICS INC: APG808 WAS WELL TOLERATED WITH A FAVORABLE SAFETY...Reuters
Mon, May 12
Deals of the day-Mergers and acquisitions
May 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday:** Spanish defence company Indra IDR.MC sent a non-binding offer for Italian group Iveco's IVG.MC defence business, newspaper El Economista reported, citing unidentified market sources...Reuters
Mon, May 12
Australian weather losses hit A$1.5 billion year to date
By Ryan HewlettMay 12 - (The Insurer) Insured losses have reached almost A$1.5 billion ($960 million) so far in 2025, according to new data released by the Insurance Council of Australia (ICA).The ICA said on Monday that insurers had received around 126,000 claims following two extreme weather event...Reuters
Mon, May 12
Polestar narrows quarterly loss on cost-saving push, improved demand
May 12 (Reuters) - Swedish electric-vehicle maker Polestar PSNY.O reported a 31% reduction in its quarterly loss on Monday, in a sign that the company's efforts to cut costs across its business and push sales of its higher-priced models were bearing fruit.Polestar had been grappling with balloon...Reuters
Mon, May 12
Israeli quantum computing firm Classiq raises $110 million in private funding
JERUSALEM, May 12 (Reuters) - Israeli quantum computing startup Classiq has raised $110 million in a mid-stage private funding round, it said on Monday, bringing its total fundraising to $173 million.Quantum computing holds the promise of carrying out calculations that would take today’s systems mil...Reuters
Mon, May 12
Taiwan test fires for first time new US-supplied HIMARS rocket system
By Ann Wang and Annabelle Chih JIUPENG, Taiwan, May 12 (Reuters) - Taiwan on Monday test-fired for the first time a new U.S.-supplied rocket system that has been widely used by Ukraine against Russia and could be deployed to hit targets in China if there is a war with Taiwan.The United States is ...Reuters
Mon, May 12
Sally Beauty Holdings Expects FY Comparable Sales To Be Flat To Down 1% Vs Prior Year
May 12 (Reuters) - Sally Beauty Holdings Inc SBH.N:SALLY BEAUTY HOLDINGS INC Q2 CONSOLIDATED COMPARABLE SALES DECREASE OF 1.3%SALLY BEAUTY OUTLOOK FY ADJUSTED OPERATING MARGIN 8-8.5%SALLY BEAUTY Q2 SALES USD 883.146 MILLION VERSUS. IBES ESTIMATE USD 901.5 MILLIONSALLY BEAUTY Q2 NET EARNINGS USD 39.2...Reuters
Mon, May 12
EU's Virkkunen will travel to the United States on Tuesday
BRUSSELS, May 12 (Reuters) - Henna Virkkunen, the European Union's tech commissioner, will go to the United States on Tuesday, an EU spokesperson said on Monday, following phone conversations with MetaMETA.O's Mark Zuckerberg.Brussels has moved forward with billions of euros' worth of fi...Reuters
Mon, May 12
Trump says he will cut drug prices by 59%
WASHINGTON, May 12 (Reuters) - U.S. President Donald Trump said he would cut prescription drug prices by 59%, but gave no further details about his plan to lower medicine costs ahead of a health-related event at the White House later on Monday."Drug prices to be cut by 59%" Trump wrote in ca...Reuters
Mon, May 12
China's March shipments of foreign-branded cellphones drop almost 50%
BEIJING, May 12 (Reuters) - Chinese shipments of foreign-branded cellphones, including Apple Inc's AAPL.O iPhones, dropped by 49.6% year on year in March, according to data released on Monday by a government-affiliated research company.Calculations based on the data from the China Academy of Inf...Reuters
Mon, May 12
Soccer-Everton appoint new CEO Kinnear as club embark on new era
May 12 (Reuters) - Everton have named Angus Kinnear as their new chief executive, with the appointment bringing over 20 years of leadership experience in football to the job.Kinnear had been CEO of Leeds United since 2017 and held senior positions at Arsenal and West Ham United prior to his tenure a...Reuters
Mon, May 12
Trump says Hamas will release U.S.-Israeli hostage Edan Alexander
May 12 (Reuters) - U.S. President Donald Trump on Monday said in a post on Truth Social that Israeli-American hostage Edan Alexander will be released by Palestinian militant group Hamas.Hamas said earlier that it would release Alexander.Reuters
Mon, May 12
Europeans to prep sanctions if Ukraine ceasefire not in place by end of Monday, Berlin says
BERLIN, May 12 (Reuters) - European nations will start preparing additional sanctions against Russia if a ceasefire is not in place in Ukraine by the end of Monday, a German government spokesperson said at a regular news conference. "The clock is ticking, we still have 12 hours until the end...Reuters
Mon, May 12
China’s Ace, America’s Achilles’ Heel: Is Rare Earth the Key to the U.S.-China Tariff Cut?
TradingKey – The first round of U.S.-China economic and trade talks concluded with both sides agreeing to significantly cut tariffs — a move officially justified by the importance of bilateral trade relations for both nations and the global economy. However, behind the scenes, strategic industries..TradingKey
Mon, May 12
Tennis-Champions Italy drawn to face hosts China in BJK Cup Finals
May 12 (Reuters) - Holders Italy will meet hosts China while 18-times winners the United States face Kazakhstan in the last eight after the draw for the Billie Jean King Cup Finals to be held in Shenzhen in September was made on Monday.Spain take on Ukraine in another quarter-final at the elite wome...Reuters
Mon, May 12
